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16814 LOG CABIN Street, Highland Park, MI 48203

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For Sale

$20,000

0.07 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.1 acres
    Lot size

Explore this Property

Located in Detroit's Martin Park area. This lot is sold with 16844 Log Cabin. Both lots total= 18,189 sqft. Not sold separately. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult DLBA proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit s Planning and Development Department for additional context about the neighborhood. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). Note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. See attached documents for DLBA requirements and offer submission info. Please so not submit using REMIND. BATVAI
MLS# 20240006113

Courtesy Of RCH Brokerage Legacy, Inc.
25900 W 11 Mile, Southfield, MI 48034
(248) 440-2268

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.07 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 16814 LOG CABIN Street, Highland Park, MI 48203

Home seller CENTURY 21 Town & Country

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CENTURY 21 Town & Country

(248) 620-7200
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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